September 30, 2023

Safety is spending money you can see to avoid things you can’t see at the moment, but that will cost you dearly if they happen.


Sooner or later, the alarm bells are going to come.

The Silicon Valley bank collapse caused the U.S. dollar stabilized coin USDC to de-anchor and fall to a low of $0.87 over the weekend, and FUD sentiment spread through the crypto market, awakening circles to the importance of asset security. Taking advantage of the alarming Silicon Valley bank crisis, the FDIC and the Federal Reserve are considering a fund that would enable regulators to provide more deposit guarantees to banks in trouble after the Silicon Valley bank collapse.

As SVB (Silicon Valley Bank) plummeted, DEX (decentralized exchange) saw even more exponential growth in trading activity and fee profit.


According to DeFiLlama data, total DEX trading volume soared to $15.12 billion and fee profit collected by Uniswap reached its highest value since May 10, 2022, with the ratio of aggregated DEX to centralized (CEX) trading volume (a metric reflecting DEX’s market dominance) rising to 26.66%.

Unisap, Curve Finace, and Sushiswap emerged as big winners during a period of market uncertainty, with more and more users abandoning centralized exchanges and exploring self-custody, a trend accelerated by the USDC crisis caused by the collapse of Silicon Valley Bank.

So the future belongs to DEX and DeFi, who will be the unification of security and convenience with centralization? What are the long-term drivers for building a security moat? Let’s read on.

Does the future belong to DEX and DeFi?

With the Federal Reserve announcing a new emergency bank term funding program of March 12 BST and supporting Silicon Valley Bank depositors to access funds on Monday local time, the USD anchor price rebounded and rose to the $0.995 range, having essentially restored the USD anchor and its market cap back above $40 billion.

This shows us that during periods of market uncertainty, even the largest Silicon Valley banks in the private investment banking space need insurance minting mechanisms to protect against black swan events. Just like crypto trading platforms companies like this don’t necessarily need to use Bank of America, but companies that have the backing of the US Federal Insurance Company are quite influential for their clients.

For the crypto community, the decline of centralized entities favors DEX, while DeFi projects with insurance minting compensation mechanisms will be favored by the market.

At the same time, we will find two clear signals from the market.

First, DEX has grown by leaps and bounds over the past 3-4 years, and Toekn Terminal disclosed data showing that the number of active developers on the DEX platform has been growing steadily, indicating that the fundamentals supporting DeFi’s future are positive.

Second, a common feature of crypto communities offering trading, lending and pledge-as-a-service is that they typically require users to self-custody their assets and support liquidity protocol arbitrage, suggesting that decentralization and security and convenience will have become the basic consensus among DeFi players.

In the future, whoever can harmonize security, convenience and decentralization will be the biggest winner!

MiSon: The unification of security and convenience with centralization

As a DEX designed for stablecoin exchange, MiSon, a decentralized smart contract liquidity aggregation service protocol, provides lending services for the top 15 major global coins, in addition to MiSon’s mission to revolutionize the way people access, manage and protect their digital assets by providing decentralized, secure and transparent digital asset management programs and structures.

Potential risk-free rate

The risk-free rate does not include credit risk, maturity risk, etc., and is generally considered in the traditional world to be the short-term Treasury rate, or the level of the benchmark interest rate set by the central bank.

Let’s look at a few of the major interest rates in the crypto market.

  1. Stable currency borrowing rate

Some investors in the market use the borrowing rates of stablecoins as the risk-free rates in the crypto market. For example, the borrowing rates of USDC and USDT in Aave and Compound.

ETH and others have corresponding lending pools in lending protocols, and the lending rates are very low most of the time. In the case of ETH that exists in Aave, the interest rate level for ETH is at a relatively low level most of the time.

However, the lending of public chain tokens is subject to default risk and liquidity risk, the former is a problem caused by the counterparty of the lending, and the latter is the overall market risk, which is not included in the “risk-free rate”, and therefore the lending rate of this category cannot be used as the “risk-free rate”. 

  1. DeFi field yield

The main sources of MEV are: arbitrage, liquidation, and sandwich attacks. As you can also see from the daily profit of Ether EVM, in a bull market EVM is more, while in a bear market EVM is relatively much less.

Overall, MiSon captures value through multi-protocol aggregation, and the returns obtained include, on the one hand, liquidity arbitrage on lending protocols, and on the other hand, DEX + Ai order flow arbitrage, which is better than the previous two interest rate levels, and the excess return is more in line with the “real return” narrative level “risk-free rate”

Long-term drivers

This bank meltdown has affected not only the U.S. own banking system, but also banking systems in other regions.

Unlike traditional banks, DeFi’s two main risks come from smart contract code and clearing risk, while MiSon has done a good job of risk control on deposits, lending and market making.

  1. Protocol security

MiSon has innovatively designed and developed the Minting Coin Compensation Protocol” as equity to allow deposit users to avoid the risk of force majeure during the liquidation process. The MiSon protocol has already achieved stability, but with an additional escort, which is equivalent to a double-layer moat to ensure the robustness of risk control, i.e. the safety of deposit users’ assets is guaranteed.

  1. Security of funds

Financial security consists of two points.

1) Users’ assets are on smart contracts, and assets are all available on the chain, in line with the spirit of openness and transparency.

2) MiSon’s asset contract code has been audited by CERTIK and is safe and secure.

Therefore, based on these two points, the funds participating in MiSon are safe and secure.

  1. Lending security

The MiSon protocol captures AAVE, Compound, ETH/USDT, ETH/USDC and other stable protocols when lending to liquid stable coins, so the liquid stable coin lending in the MiSon protocol is stable, safe and highly liquid.

  1. Market-making security

Three items underpin the security of DEX AI order flow arbitrage.

1) Security of the underlying, i.e. MiSon protocol only selects mainstream value tokens (e.g. ETH/USDT) with very sufficient liquidity when arbitrage is used for DEX AI order flow;

(2) the security of the strategy, MiSon protocol use a high liquidity mainstream currency order flow arbitrage, high liquidity of mainstream goods are the current market top 15 mainstream projects, directly most of the project itself risk excluded.

(3) As evidenced by actual cases, MiSon’s protocol has been tested over a three-year period, through several bull and bear markets, and even during a “black swan event” with great market volatility, our principal was maintained at an annualized return of over 20% APY with no losses.

Sum up

The unification of security and convenience with decentralization will be the main theme in the future. It is like MiSon sowing a seed, and although it has not yet had time to become widely popular, with the growing development of decentralization, DeFi, EVM, profit aggregators, insurance minting compensation and other segments, it may explode with amazing momentum in the near future.

To learn more about MiSon, Visit:

MiSon Official Website: http://mison.finance/#/

Twitter: https://twitter.com/MisonProtocol

Instagram: https://www.instagram.com/MiSonProtocol/

Telegram chat: https://t.me/MiSonProtocolio

Telegram channel: https://t.me/MiSonProtocol

Linktree: https://linktr.ee/misonprotocol

110 thoughts on “MiSon Protocol Endgame The unification of security and convenience with decentralization

  1. I really love your site.. Very nice colors & theme.
    Did you build this web site yourself? Please reply back as
    I’m planning to create my very own site and
    would like to learn where you got this from or exactly
    what the theme is named. Cheers!

  2. After I originally left a comment I seem to have clicked
    on the -Notify me when new comments are added- checkbox
    and from now on whenever a comment is added I recieve 4
    emails with the same comment. Is there an easy method you can remove me from that service?
    Appreciate it!

  3. An impressive share! I have just forwarded this onto a co-worker who was doing a little homework on this.
    And he actually bought me dinner because I discovered it for him…
    lol. So let me reword this…. Thank YOU for the meal!!
    But yeah, thanx for spending some time to discuss this subject here on your website.

  4. Pretty nice post. I just stumbled upon your weblog and wished to say that I’ve truly enjoyed browsing your blog posts.
    In any case I’ll be subscribing to your feed and
    I hope you write again soon!

  5. Nice post. I learn something new and challenging on sites I stumbleupon every day.

    It’s always exciting to read content from other writers and practice something from their websites.

  6. Attractive element of content. I simply stumbled upon your site and in accession capital to assert that I
    acquire in fact loved account your blog posts. Anyway I’ll be subscribing on your feeds
    and even I fulfillment you get admission to persistently
    rapidly.

  7. Hey! This post couldn’t be written any better!
    Reading through this post reminds me of my good old room
    mate! He always kept talking about this. I will forward this article to him.

    Pretty sure he will have a good read. Many thanks for sharing!

  8. I seriously love your site.. Pleasant colors & theme.
    Did you build this amazing site yourself? Please reply back as I’m planning to
    create my own website and would like to know where you got this from or what the theme is called.
    Appreciate it!

  9. We are a bunch of volunteers and opening a brand new scheme in our community.

    Your web site provided us with useful info to work on. You have done an impressive process and our whole group might be grateful to you.

  10. Undeniably imagine that that you said. Your favorite justification appeared to be at the net the simplest factor to keep in mind of. I say to you, I definitely get annoyed even as other people consider issues that they plainly do not understand about. You managed to hit the nail upon the highest and also defined out the entire thing without having side-effects , people can take a signal. Will likely be again to get more. Thank you

  11. I do consider all the concepts you’ve introduced on your
    post. They are really convincing and can definitely work.
    Nonetheless, the posts are very quick for starters. May
    you please prolong them a bit from next time? Thanks for the post.

  12. Hello There. I discovered your weblog the use of msn. This is a really well written article.
    I’ll be sure to bookmark it and return to read extra of your useful information. Thank you for
    the post. I’ll definitely comeback.

  13. I just like the helpful information you provide in your articles.

    I will bookmark your blog and test again here frequently.
    I’m rather sure I will be told plenty of new stuff proper right here!
    Best of luck for the next!

  14. What’s Happening i am new to this, I stumbled upon this I have discovered It positively helpful
    and it has helped me out loads. I hope to give a contribution & help
    other customers like its aided me. Great job.

  15. Generally I don’t learn article on blogs, but I wish
    to say that this write-up very compelled me to check out and do so!
    Your writing style has been amazed me. Thank you, quite great post.

  16. Unquestionably believe that which you stated. Your favorite reason seemed to be at
    the web the easiest thing to consider of. I say to you, I definitely get annoyed even as people think about
    worries that they just don’t recognize about. You controlled
    to hit the nail upon the highest as smartly as defined out
    the entire thing with no need side-effects , people could take a signal.
    Will likely be back to get more. Thanks

  17. I like the helpful info you provide in your articles. I’ll bookmark your blog and take
    a look at again here frequently. I am somewhat sure I will learn many new stuff
    right right here! Best of luck for the following!

  18. I’m not sure exactly why but this site is loading extremely slow for
    me. Is anyone else having this issue or is it a
    issue on my end? I’ll check back later on and see if the problem still exists.

  19. Somebody necessarily help to make seriously articles I might state.
    That is the first time I frequented your web page and thus far?
    I amazed with the research you made to create this actual submit extraordinary.
    Fantastic job!

  20. Appreciating the time and effort you put into your site
    and in depth information you provide. It’s nice to come across a blog every once in a while that isn’t the same out of date
    rehashed material. Great read! I’ve saved your site
    and I’m including your RSS feeds to my Google account.

  21. I like the valuable information you supply for your articles.

    I’ll bookmark your blog and test again here frequently.
    I am relatively certain I will be told many new stuff right right here!
    Good luck for the next!

  22. Write more, thats all I have to say. Literally,
    it seems as though you relied on the video to make your point.

    You definitely know what youre talking about, why throw
    away your intelligence on just posting videos to your weblog
    when you could be giving us something informative to read?

  23. Greetings from Colorado! I’m bored to tears at work so I decided to browse your website on my iphone during lunch break.
    I love the information you provide here and can’t wait to take a look when I get
    home. I’m surprised at how fast your blog loaded on my phone
    .. I’m not even using WIFI, just 3G .. Anyways, amazing site!

  24. Thank you for any other informative web site. The place else may just I am
    getting that type of info written in such an ideal means?
    I have a undertaking that I’m just now running on, and I have been on the glance out for such info.

  25. Howdy just wanted to give you a quick heads up and let you know a few of the
    pictures aren’t loading correctly. I’m not sure
    why but I think its a linking issue. I’ve tried it in two different
    web browsers and both show the same results.

  26. Heya i am for the first time here. I came across
    this board and I find It truly useful & it helped me
    out a lot. I’m hoping to give something back and help others like you helped me.

  27. You’re so interesting! I don’t suppose I’ve read
    a single thing like this before. So great to discover someone with a few original thoughts
    on this issue. Really.. thanks for starting this up. This
    website is something that’s needed on the web, someone with a
    bit of originality!

  28. I’m gone to convey my little brother, that he should also go to see this web site on regular basis to take updated from hottest news.

  29. I’m really enjoying the design and layout of your blog.
    It’s a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you hire out a designer to create
    your theme? Fantastic work!

  30. Hello there, just became alert to your blog through Google, and found that it’s really informative.
    I am going to watch out for brussels. I will be grateful if you
    continue this in future. Many people will be benefited from your writing.
    Cheers!

  31. Howdy are using WordPress for your blog platform?
    I’m new to the blog world but I’m trying to
    get started and create my own. Do you need any coding knowledge to make your own blog?
    Any help would be really appreciated!

  32. Valuable information. Lucky me I discovered your website accidentally, and I am shocked why this coincidence did
    not took place in advance! I bookmarked it.

  33. My programmer is trying to persuade me to move to .net from PHP.

    I have always disliked the idea because of the costs.
    But he’s tryiong none the less. I’ve been using Movable-type on various websites for
    about a year and am anxious about switching to another platform.
    I have heard good things about blogengine.net. Is there a
    way I can transfer all my wordpress content into it?
    Any kind of help would be really appreciated!

  34. My coder is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the costs.
    But he’s tryiong none the less. I’ve been using WordPress on various websites for about a year and am worried about switching to another platform.
    I have heard excellent things about blogengine.net.
    Is there a way I can transfer all my wordpress posts into it?
    Any kind of help would be greatly appreciated!

  35. We are a group of volunteers and starting a new scheme in our community. Your web site provided us with valuable info to work on. You have done a formidable job and our whole community will be thankful to you.

  36. An impressive share! I’ve just forwarded this
    onto a coworker who has been doing a little homework on this.

    And he actually ordered me lunch because
    I discovered it for him… lol. So let me reword this….
    Thanks for the meal!! But yeah, thanks for spending the time to talk about this topic here on your web page.

  37. Hi! I know this is kind of off-topic but
    I had to ask. Does running a well-established blog such as yours take
    a lot of work? I am completely new to blogging but I do write in my diary daily.
    I’d like to start a blog so I can easily share my experience and views online.

    Please let me know if you have any ideas or tips for new aspiring bloggers.
    Appreciate it!

  38. Its like you read my mind! You appear to know a lot about this,
    like you wrote the book in it or something. I think that you could do with a few pics to drive
    the message home a bit, but instead of that, this is great blog.
    A fantastic read. I’ll definitely be back.

  39. Synthetic urine is a laboratory-created substitute for real urine that is used for various purposes, including scientific testing and drug screenings. Mortgages, on the other hand, are financial loans provided by banks or lenders to help individuals purchase homes.

  40. What’s up, all the time i used to check web site posts
    here early in the break of day, for the reason that i like to learn more and
    more.

  41. Please let me know if you’re looking for a writer for your weblog. You have some really great posts and I believe I would be a good asset. If you ever want to take some of the load off, I’d absolutely love to write some content for your blog in exchange for a link back to mine. Please blast me an email if interested. Thank you!

  42. With havin so much content do you ever run into any problems of plagorism or copyright violation? My website has a lot of completely unique content I’ve either written myself or
    outsourced but it looks like a lot of it is popping it
    up all over the internet without my authorization. Do you know
    any ways to help protect against content from being ripped off?
    I’d definitely appreciate it.

  43. Greetings, I believe your site could be having internet browser compatibility issues.
    When I look at your blog in Safari, it looks fine however when opening in IE,
    it has some overlapping issues. I just wanted
    to give you a quick heads up! Aside from that, great website!

  44. Asking questions are actually nice thing if you are not understanding something completely, however this piece of writing presents fastidious
    understanding yet.

  45. A motivating discussion is definitely worth comment.
    I do believe that you should publish more on this subject
    matter, it might not be a taboo subject but usually people don’t talk about these issues.

    To the next! Cheers!!

  46. I’m gone to inform my little brother, that he should also pay a visit this webpage on regular basis to obtain updated
    from newest news update.

  47. Currently it seems like WordPress is the preferred blogging platform out there right now.

    (from what I’ve read) Is that what you are using on your blog?

  48. Pretty section of content. I just stumbled upon your website and in accession capital to assert that I
    get in fact enjoyed account your blog posts. Any way I’ll be
    subscribing to your feeds and even I achievement
    you access consistently quickly.

  49. Hi, i believe that i saw you visited my web site so i came to go back the want?.I’m attempting to find issues to enhance my web site!I
    suppose its ok to use some of your ideas!!

  50. I do not even know how I ended up here, but I thought this post
    was good. I don’t know who you are but certainly you are going to a
    famous blogger if you aren’t already 😉 Cheers!

  51. I loved as much as you will receive carried out right here.

    The sketch is attractive, your authored material stylish.
    nonetheless, you command get bought an shakiness over that you wish be
    delivering the following. unwell unquestionably come
    further formerly again since exactly the same nearly
    very often inside case you shield this increase.

  52. Hi there! Do you use Twitter? I’d like to follow you if that would be ok.

    I’m absolutely enjoying your blog and look forward to new
    posts.

  53. I’m extremely impressed with your writing skills and also with the
    layout on your weblog. Is this a paid theme or did you modify it yourself?
    Anyway keep up the nice quality writing, it is rare
    to see a great blog like this one nowadays.

  54. I’m not that much of a online reader to be honest but your sites really nice,
    keep it up! I’ll go ahead and bookmark your website to come back
    later. Cheers

  55. Hello there! I know this is kinda off topic but I was wondering if you
    knew where I could locate a captcha plugin for
    my comment form? I’m using the same blog platform as yours and I’m having
    difficulty finding one? Thanks a lot!

  56. Hi there would you mind stating which blog platform you’re using?
    I’m planning to start my own blog soon but I’m having a tough time deciding between BlogEngine/Wordpress/B2evolution and
    Drupal. The reason I ask is because your design and style seems different then most
    blogs and I’m looking for something unique. P.S Apologies for being off-topic but I had to ask!

  57. Hello! I could have sworn I’ve visited this site before but after looking at many of the posts I realized it’s new to me. Nonetheless, I’m definitely happy I stumbled upon it and I’ll be book-marking it and checking back often!

  58. Thanks on your marvelous posting! I definitely enjoyed reading it, you
    may be a great author.I will be sure to bookmark your blog and will come back sometime soon. I want to encourage one to
    continue your great posts, have a nice morning!

  59. Superb blog! Do you have any tips for aspiring writers?
    I’m hoping to start my own blog soon but I’m a little lost on everything.
    Would you propose starting with a free platform like WordPress or
    go for a paid option? There are so many choices
    out there that I’m completely confused .. Any ideas? Thanks a lot!

  60. Lego sets are incredibly detailed, with everything from the textured walls of dungeons
    to the exact replicas of famous landmarks. Trusted Lego Sets Lego sets
    aren’t just for kids. They are fun and creative for all ages.
    I can’t wait to show off my latest masterpiece to my adult friends!

    When I asked for the best LEGO sets, the seller recommended Baby
    Yoda. Cutest spaceship ever!

  61. Howdy terrific website! Does running a blog like this require
    a great deal of work? I’ve no understanding of coding
    but I had been hoping to start my own blog soon. Anyways,
    should you have any suggestions or tips for new blog owners please share.
    I understand this is off topic nevertheless I just had to ask.

    Appreciate it!

Leave a Reply

Your email address will not be published. Required fields are marked *